Pag-IBIG Fund (Home Development Mutual Fund) CERTIFICATE OF COMPLIANCE FOR ROPA ACCOUNTS FOR ISOP. August 02, 2021 The Property Valuation Unit, La Union Housing Business Center certifies that the appraisal of each item offered for Negotiated Sale is updated or within the prescribed age as indicated in Circular No. 428-Omnibus Guidelines on the sale of ROPA. PUBLICATION BATCH NO, a 28019 AREA/LOCATION OF PROPERTIES =: ILOCOS NORTE, ILOCOS SUR, ABRA, LA UNION BENGUET NO. OF AVAILABLE UNITS | 160 PERIOD OF ACCEPTANCE OF OFFERS: ‘August 17 - 23, 2021 ‘Signed by: ARTEMIO AAROYA OIC - Property Valuation Unit Pag-IBIG Fund La Union Government Center, Sevilla, City of San Fernando, La Union Tel. nos. (072) 242-1947/5588/5599 Fax No.: 888-3732/888-4455 fi v.ohHOP-AAF-210 (vor, 09/2018) LA UNION BRANCH INVITATION TO SUBMIT OFFER TO PURCHASE (August 02, 2021) The Pag-IBIG Fund Committee on Disposition of Acquired Assets hereby invites interested buyers. Who would like to purchase Pag-IBIG Fund acquired assets through negotiated sale’ ILOCOS NORTE, ILOCOS SUR, ABRA, 160 LA UNION & BENGUET Bi August 17 - 23, 2024 1. Thel GENERAL GUIDELINES ist of the properties for negotiated sale may be viewed at www.pagibiafund.gov.oh 2. Interested buyers are encouraged to inspect their desired property/ies to purchase prior to submission of offer. 3. The properties shall be sold on an “AS IS, WHERE IS” basis which means that the buyer accepts whatever the physical status of the propertylies including whether it is occupied or not. 4. The OFFERED PRICE per property shall not fall bolow the minimum gross selling price of the property set by the Fund, Example: If the minimum gross selling price of the property is P600,000.00, the Offered Price to be indicated in the Offer to Purchase shall be "P600,000.00" or higher. 5. Purchase ofthe said properties may be one of the folowing modes of sale: 2. GROUP SALE Available to interested buyers employed under the same employer. Their employer shall meet the following requirements prior to submission of offer: - Accredited pursuant to the criteria provided in the prevailing guidelines on the Pag-IBIG Fund Employer Accreditation Program; - Have a Collection Servicing Agreement (CSA) or will have CSA with the Fund relative to the deduction and remittance of housing amortization, NOTE: This mode of sale is also available to members of employees’ associations or cooperatives whose employer has a CSA or willing fo execute @ CSA with the Fund, ‘The interested buyers shall submit their individual offer stating their desired property to purchase, offered price and preferred mode of payment (cash, short-term installment or long term instalment) to their group's authorized representative ‘The group's representative shall baich the offers and accomplish Offer to Purchase (HOP-AAF- 213) with attached List of Interested Employees/Members and Properties to be Purchased under Group Sale (HOP-AAF-214). The ‘aggregate Gross Selling Price” of the properties subject of group's initial offer for the year should be at least Ten Million Pesos (P10,000,000.00). Exampl Tpesire ran Properties | $T0%8 Salina Price! Property A__| 3,000,000 3,100,000 Property B Pi P3,100,000 Property C 4,100,000 Total 10,300,000 Sat by Pog 1816 Fund “Set by the employee/members of the oroup The Fund shall grant a discount depending on the aggregate gross selling price of the properties as follows:HaP-AAF-210 (vor, 0872019) 12. The buyer who has the HIGHEST OFFERED PRICE on a specific property shall be considered the winner. 13. In case there are identical offers constituting the highest offer on a specific property, the tie shall be resolved by toss coin. However, in case there are more than two (2) highest offerors, the tie shall be resolved through draw lots. ‘14. The result of the negotiated sale shall be released and posted in the Pag-IBIG Fund official website at \wew.paaibiafund.gov.oh on the following week after the scheduled date of determination of winning offers. Buyers are encourage to check the result on the said website. 18, Any notification sent by Pag-IBIG Fund through email or SMS shall be sufficient compliance to the notification requirement and presumed to be deemed received by the buyer. In this regard, the Buyer shall ensure that the contact number and email address indicated on the Offer to Purchase are active. The buyer shail inform Pag-IBIG Fund immediately on any changes on his/her contact number. 16. The winning buyer shall be required to pay a NON-REFUNDABLE RESERVATION FEE OF ONE ‘THOUSAND PESOS (P1,000.00) (except for Bulk Sale) within five (5) working days from date of receipt of Notice of Award (NOA). if the mode of payment is through cash or short term installment, 2 downpayment of at least five percent (5%) of the net selling price shall be paid together with the reservation fee. 17. The winning buyers must abide by the terms and conditions of his chosen mode of payment @. Cash Payment - the balance on the net selling price shall be paid not ater than thirty (30) calendar days from date of signing of Deed of Conditional Sale (DCS), b. Short-Term installment ~ the balance on the net selling price shall be paid in equal monthly installments, provided that the chosen payment term shall not exceed twelve (12) months subject ton interest based on the Full Risk-Based Pricing Framework for three-year fixing period. For Bulk Sale, the applicable interest rate shall be based on the Fund's Full Risk-Based Pricing Framework for Wholesale Loans. . Long-Term Installment ~ payment shall be in the form of monthly amortization based on the approved term, which may be up to a maximum of thirty (30) years with the following considerations: c.1. Approval and term shall be subject to eligibility requirements stipulated under the Circular 428 Omnibus Guidelines on Sale of Pag-IBIG Fund Real and Other Properties Acquired: ©.2. The amount shall be the buyer’ offered price; 2.3. The buyer shall be required to file his/her Long-Term Installment application and pay the following incidental expenses within thirty (30) calendar days from payment of reservation fee = Processing fee of Two Thousand Pesos (P2,000.00) shall be paid upon submission of complete requirements; - Equity, if applicable; = One-year advance insurance premiums (sales redemption insurance as well as non-life insurance); 4, Incase the Offered Price, net of downpayment (if any) and additional discount, is stil higher than the approved amount for Long Term Installment, the amount in excess shall be treated 2 equity. It shall be paid by the buyer within tity (30) calendar days from receipt of Notice (of Conditional Approval of Sale (NCAS). 6. Original Borrowers who wish to participate on the negotiated sale shall not be allowed to avail long term installment as mode of payment. They may only submit offer thru cash or short-term installment basis. ©.6. In case the application has been disapproved due to buyer's fault, any downpayment not to exceed 5% of the net selling price and processing fee shall be forfeited in favor of the Fund. 18. The winning buyer shall take possession of the property without seeking assistance from the Fund, 19. Ifthe winning buyer fails or refuses to push through with the purchase of the properties, or fails to comply with the terms and conditions of the sale, he/she shall lose his/her right as the winning buyer and the Fund shall offer the subject property/ies on the next list of properties to be offered for negotiated sale. 20. Interested parties may visit the ACQUIRED ASSET MANAGEMENT and contact MS. JOSEPHINE M. JACINTO, MS. JEAN R. FONTANILLA & MS. KAREN GILLIAN L. REYES at tel, no. (072) 242-1947 ‘or 0926-0098835/0929-1078609 You may also email your inquiries for further details at luhbe_aad@pagibigfund.gov.ph. PAGABIG FUND RESERVES THE RIGHT TO REJECT ANY OR ALL OFFERS, TO WAIVE ANY FORMALITY THEREIN OR ACCEPT SUCH OFFER AS MAY BE CONSIDERED MOST ADVANTAGEOUS, ‘TO THE FUND. THE DECISION OF THE FUND IS FINAL AND BINDING. Chairman, Comrniftee on Disposition of Acquired Assets li be10. 1 HOP-AAE-210 (vor, 0972018) 10M to P50M 40% Miore than P5OM to P100M 2% More than P100M 45% "The Offer to Purchase and List shall be sealed in a mailing envelope. b. BULK SALE * Available to interested buyers of more than one (1) acquired asset with the aggregate “Gross ‘Selling Price” of at least Ten Million Pesos (P10,000,000.00), Example: Property A 3,000,000. 3,100,000 Properly B 3,000,000 3,100,000 Property C 4, 100,000 Total P10,000,000 40,300,000 ‘Selby Pag 1810 Fund "Selby the Buyer + Interested buyers shall accomplish Offer to Purchase (If an individual, HOP-AAF-212; if a juridical entity, HOP-AAF-213) indicating their preferred mode of payment (cash or short-term instalment) together with a List of Properties to be Purchased under Bulk Sale (HOP-AAF-215), + The Fund shall grant a discount depending on the aggregate gross selling price of the properties as follows: 5 Sunt Rate) P10M to P50M 40% More than P50M to PTOOM 42% More than P100M 45% + The Offer to Purchase and List shall be sealed in a mailing envelope. c. RETAIL SALE * Available to any buyers who are interested to purchase Pag-IBIG Fund acquired assets. ‘+ Interested buyers shall submit their offer indicating their preferred mode of payment (cash or short-term installment) using the form Offer to Purchase (If an individual, HOP-AAF-212; if a juridical entity, HOP-AAF-213) "The Fund shall grant a discount depending on the chosen mode of payment: Cash 30% Short-Term Installment 20% Long-Term installment 10% ‘+ Ifthe mode of payment is through long term installment, the buyer shall attach a copy of his/her proof of income to the Offer to Purchase. + The Offer to Purchase shall be sealed in a mailing envelope ‘The sealed envelope containing the offer shall be dropped in the drop box located at PAG - IBIG FUND. BUILDING, GOVERNMENT CENTER, SEVILLA, SAN FERNANDO CITY, LA UNION. ‘The interested buyer shall be required to register at the frontline counter prior to dropping of sealed offers, A Registration Stub will be issued as proof of registration. In case the offer will be dropped by a representative, an Authorization Letter signed by the buyer and Photocopy of valid ID of the buyer with contact number shall be presented upon registration. The authorization shall only be limited to the dropping of sealed offer. ‘Acceptance of sealed offers shall be from 07:00 AM to 05:00 PM starting August 17, 2021 until August 23, 2021. No offers shall be accepted after the said cut-off time and date. ‘The determination of winning offers shall be on August 26, 2021 10:00 AM at PAG - IBIG FUND. BUILDING, GOVERNMENT CENTER , SEVILLA, SAN FERNANDO CITY, LA UNION. ‘The determination of winning offers shall be monitored by a representative from Commission on Audit (COA), Attendance of the buyer in the venue is only optional.[oroonnes scoowser (roornee [ovcasewr ean leo ee earl $0001 | NowsuINS 6o907 AVUNVE OMI 83NOH YtELNON. peee leaves a ml 40°] _ sooo + wos uns 60207 Avinvs neva SON YisaiNOH tecavem _[eoonseee woe er or STS GaLvLo8aN wos STEN VAY GLASSY GRUNDY JO 1ST (won Nown vd [S000 NoIosu uns Sodan AVN OMA SamDH vs ‘$0007 1 MoI uns SOOT OMA Sa}NDH YASMIN $0001 1 Nota wns s09071AvINYE OM BaNOHAVIBNS:NION 20001): Noro wns 0901 AVN ONWa S2NDH VASWEANONeens tae a aaa noma sme eee a [eae aa ae ey ae ee Oo aa re erento oe ET Tee ae 3 aes free a ma = ise fovewer alee = aeons ewe [Tees a ie oe eater TE a ma : ace foes f= fe = 5 fesse eet alt a 5 heen fewawer 7 lia fat a fm ee em am : oii fa aa aa * leer fears | =e = fe rasan Eas an a fe Sea foam a se le crencornrenwoann erem —fwaser | [es =i le oe mal fe Se ee = ie [scree oomer = Ie icone = E isereora ows eerie [ae = aaa ea a eee ee = jzrenero _fovencor ssara| [90001 s NoIoRNINS 80001 AVANNG ONY S3NOH VASHON on Seals ocean sess onsen visanen ne41 femrce pean ao cma ramon mom [ _ srmorna| meni poor oom | ress] ooo | someone anccon fan foowew coast | ommne Soe oe coon | mos Se oa] panera Se wan | rosea araniseaanonoaunoonn [atime oro cose | no janine foo camo |e eo em | ae seine for | rn rzzaiea cer ens | socal os zane for eon | rene] ieee fee oom | emer a cow | _escmnocnal noimemianaeni-caunozown —|isorese preese cow | nmseanl Se om | eames noir mevueni-onenicon mo foe ou | esmmnoren| aoinemeaseas-eaocown meee ese com | emmoeal nornemimauens-eaursaon memo fomnew ct | _remmnceea| aromas oauncon teem pomoow men |e noise mi-caariaon [anim foowee om | semnceen| an ems wa uo -GRarDOONJ sraonpcoesoe eni-caunooam meme oom woe | reonane | mor eerie areca femzoiee foro eases | eames] mom Sooo on pean aaa eoeoiee _foearese ose | eeoominesn] mom ‘wean sranPemvanear-caunoaonn —_fimeave0 |omors coset | esoonieenel or ee a m0 “sronpameveaueni-aaaracona — |isaniee _fooanene come | stone 0 anouneumaaun-aaarmoon — |aoes wae wom | _steomnnne mo omociniolvs _aINH J 9wEU ou UF ow -cERANONN jvznzmemo on 2001003 00°F ‘y1s0006 02-220) Avo | ‘exoo0ie0\648208) 241 oon resco |awonvere come | ctocsieea| wor 7 fear fvoorese cy uae mo coum favre coe | ero 0] mewn vores owe | _eiconic ee mow reozsine [anaes eve | reson] eon erences eer —_fvoonese cow | sionecee mor | Tannin eae scanee —_fooareae ooo | clone mor | ‘ecco esenine _foroneeee come | tierra mor eon coset oe owe | wecomiare mo eseevee _fooacese | mo ean —_fncanese wom | enon mor eemino —_foeooase | mor rescovno —_[mecoere rose | eomonirenl 0%] sryow sooo AvOWd oNoMaMa Aa a Serra feoveo _fnoanese wwe | eoamonioreal 70% anyon so00.1avovs onauvwa ern aOR ‘sccm semi —_fmoarese cee | ramonrenl = ieee esemime_ foomvese | mom ceca. srowesmiaaau-aaurccon —|isino _|oowoese wm | somonnor “mo crscoavcels amaiipsimenonaaanooon [immo fovomese core | crooner] 00 wera anor Fesseaumi-aaaraoown [camino loooooter cor | eomenieren| = ecco anee esemima —ovooncor cowor| _ srionnioren) 70 rrervsvazeet remove [ovowvese com | satooniren| mo Jeseuneo _foomwese com | ttooniore mor Feinen: iempacine seme) a ean 40%] suson sooo Avowd onoiwiva VTIN NINGING INGMEOE Wt 7‘DHOCCUPIED- Tem wa sane OME ARTHEMNSON A, DIOLASO OIC - HEAD LUHBC.